HB 24-1215

House Bill 24-1215, which has been signed into law and is now effective, requires the state of Colorado to transfer specific amounts of money from different funds to the Capital Construction Fund. On April 1, 2024, $18.97 million will be moved from the general fund, and $3.275 million will come from the preschool programs cash fund to support information technology capital projects. This bill impacts state finances and ensures that there are funds available for necessary construction and IT upgrades.

Official Summary

The act requires the following transfers to be made on April 1, 2024: $18,971,100 from the general fund to the capital construction fund; and $3,275,000 from the preschool programs cash fund to the information technology capital account of the capital construction fund. APPROVED by Governor February 27, 2024 EFFECTIVE February 27, 2024(Note: This summary applies to this bill as enacted.)

Votes